| LIABILITIES (in million euros) | GROSS AMOUNT | LESS THAN 1 YEAR | 1 TO 5 YEARS | MORE THAN 5 YEARS |
|---|---|---|---|---|
| Bond issues | Bond issues GROSS AMOUNT4,393 |
Bond issues LESS THAN 1 YEAR13 |
Bond issues 1 TO 5 YEARS2,800 |
Bond issues MORE THAN 5 YEARS1,580 |
| Borrowings from related companies | Borrowings from related companies GROSS AMOUNT595 |
Borrowings from related companies LESS THAN 1 YEAR15 |
Borrowings from related companies 1 TO 5 YEARS— |
Borrowings from related companies MORE THAN 5 YEARS580 |
| Other borrowings | Other borrowings GROSS AMOUNT— |
Other borrowings LESS THAN 1 YEAR— |
Other borrowings 1 TO 5 YEARS— |
Other borrowings MORE THAN 5 YEARS— |
| SUB-TOTAL BORROWINGS | SUB-TOTAL BORROWINGSGROSS AMOUNT4,988 | SUB-TOTAL BORROWINGSLESS THAN 1 YEAR28 | SUB-TOTAL BORROWINGS1 TO 5 YEARS2,800 | SUB-TOTAL BORROWINGSMORE THAN 5 YEARS2,160 |
| Accounts payable* | Accounts payable* GROSS AMOUNT101 |
Accounts payable* LESS THAN 1 YEAR101 |
Accounts payable* 1 TO 5 YEARS
|
Accounts payable* MORE THAN 5 YEARS
|
| Other liabilities | Other liabilities GROSS AMOUNT419 |
Other liabilities LESS THAN 1 YEAR416 |
Other liabilities 1 TO 5 YEARS3 |
Other liabilities MORE THAN 5 YEARS
|
| TOTAL | TOTALGROSS AMOUNT5,508 | TOTALLESS THAN 1 YEAR545 | TOTAL1 TO 5 YEARS2,803 | TOTALMORE THAN 5 YEARS2,160 |
*Only accounts payable and accrued expenses are included in this line item.
There is no commercial paper included in payables.
| ACCOUNTS PAYABLE BY AMOUNT AND DUE DATE (in million euros) | TOTAL | Not Due | < 30 DAYS | 31-44 DAYS | 45-75 DAYS | 76-90 DAYS | > 90 DAYS |
|---|---|---|---|---|---|---|---|
| Non-Group accounts payable* | Non-Group accounts payable* TOTAL92 |
Non-Group accounts payable* Not Due75 |
Non-Group accounts payable* < 30 DAYS15 |
Non-Group accounts payable* 31-44 DAYS— |
Non-Group accounts payable* 45-75 DAYS2 |
Non-Group accounts payable* 76-90 DAYS— |
Non-Group accounts payable* > 90 DAYS— |
| Group accounts payable | Group accounts payable TOTAL9 |
Group accounts payable Not Due13 |
Group accounts payable < 30 DAYS(4) |
Group accounts payable 31-44 DAYS— |
Group accounts payable 45-75 DAYS— |
Group accounts payable 76-90 DAYS— |
Group accounts payable > 90 DAYS— |
| TOTAL | TOTALTOTAL101 | TOTALNot Due88 | TOTAL< 30 DAYS11 | TOTAL31-44 DAYS— | TOTAL45-75 DAYS2 | TOTAL76-90 DAYS— | TOTAL> 90 DAYS— |
On July 17, 2020, Sodexo S.A. completed a bond issue structured in two tranches:
Accrued interest on this bond amounted to 2 million euros as of August 31, 2022.
On April 27, 2020, Sodexo S.A. completed a bond issue structured in two tranches:
Accrued interest on this bond amounted to 5 million euros as of August 31, 2022.
On June 26, 2019, Sodexo S.A. issued bonds for 250 million pounds Sterling redeemable in June 2028 and bearing interest at an annual rate of 1.75%, with interest payable annually on June 26. Accrued interest on this bond was 1 million euros as of August 31, 2022.
On May 22, 2018, Sodexo S.A. issued bonds for 300 million euros redeemable in May 2025 and bearing interest at an annual rate of 1.125%, with interest payable annually on May 22. Accrued interest on this bond was 1 million euros as of August 31, 2022.
On October 14, 2016 Sodexo S.A. issued bonds for 600 million euros redeemable in April 2027 and bearing interest at an annual rate of 0.75%, with interest payable annually on April 14.On August 1, 2017, the Company increased this issue with an additional 200 million euros of bonds. Accrued interest on these bonds was 2 million euros as of August 31, 2022.
On June 24, 2014, Sodexo S.A. completed a bond issue structured in two tranches:
Accrued interest on these bonds amounted to 2 million euros as of August 31, 2022.
None of the above-described bonds are subject to financial covenants.
On July 18, 2011, Sodexo S.A. contracted a multi-currency credit facility for a maximum of 600 million euros plus 800 million U.S.dollars, with an original maturity date of July 18, 2016. This facility has been amended on a number of occasions with the most recent amendment being in July 2019 with a new maturity date of July 2024, with two options to extend the maturity by one year each, up to July 2026. The first option to extend this facility was executed during Fiscal 2020 and the second was executed during Fiscal 2021. The maturing date is now July 2026. The maximum available limits under this facility now are 589 million euros plus 785 million U.S. dollars.
The most recent amendment also incorporates a sustainability clause that links the credit facility cost to Sodexo’s ability to comply with its public commitment to reduce its food waste by 50% by 2025.
